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Air Charter Company With Flight School Aircraft Rentals For Sale

Newton, Massachusetts, US
Asking Price:
$2,500,000
Sales Revenue:
$3,100,000
Cash Flow:
$550,000

This is a one-of-a-kind opportunity because this company does it all!
Founded in 1946, this award-winning aviation company enjoys a sterling reputation in the industry. With 74 continuous years of operation, there is a solid and loyal customer base and a broad stream of revenues that support this incredible business.
Services include:
• Private Air Charter, serving the eastern US and Canada under FAA Part 131.
• Complete Flight Training under FAA Part 141
• PSI Computer testing center for both FAA & FCC exams
• Aircraft rentals, inspection, maintenance and repair with FAA-licensed A&P mechanics.
• Line and Landing services – fueling (Jet-A and 100LL), tie-down, hangar rentals, pilot lounge
For more information please contact Charlie MacPherson, Business Broker with Inbar Group, Inc. via.

• Asking Price: $2,500,000
• Assets: Fleet of 18 Charter Aircraft, Inventory, Buildings – not included in purchase price.
• Annual Cash Flow: $550,000
• Gross Revenue: $3.1M
• Inventory at Cost: $600,000
• Employees: 30
• Monthly Rent: $2,677
• Payroll: $768K Annually
• Open 7 Days, 7 AM – 7 PM.
• Building Size: 55,000+ sf total
• Established:1946
• Reason for Selling: Retirement

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Owner is seeking retirement.

Employees:
30
Years established:
1946

Other Information

Support & training:

Owner will provide training and support.

Inventory / Stock value:
$600,000

Contact Inbar Group, Inc.

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